Question 1

A factor that has been associated with the increase in income inequality in the United States is the:

Accepted Answer

A)  decrease in households headed by single women. 
B)  reduction in the percentage of the population over the age of 65. 
C)  smaller gap between the wages of skilled and unskilled workers. 
D)  way that technological change has affected labor demand. 
A)  decrease in households headed by single women. 
B)  reduction in the percentage of the population over the age of 65. 
C)  smaller gap between the wages of skilled and unskilled workers. 
D)  way that technological change has affected labor demand.

Question 2

-(Exhibit: Discrimination Model) If there is no discrimination in the market and blacks have the same demand and supply curves as whites, then the wage will be _______ and the quantity of labor hired will be _______ .

Accepted Answer

A)  W1; L1  
B)  W; L1  
C)  W; L 
D)  W1; L 
A)  W1; L1  
B)  W; L1  
C)  W; L 
D)  W1; L

A factor that has been associated with the increase in income inequality in the United States is the:

-(Exhibit: Discrimination Model) If there is no discrimination in the market and blacks have the same demand and supply curves as whites, then the wage will be _ and the quantity of labor hired will be _ .

Economics: the Study of Choice

Demand and Supply

Applications of Demand and Supply

Macroeconomics: the Big Picture

Measuring Total Output and Income

Aggregate Demand and Aggregate Supply

Economic Growth

The Nature and Creation of Money

Financial Markets and the Economy

Monetary Policy and the Fed

Government and Fiscal Policy

Consumption and the Aggregate Expenditures Model

Investment and Economic Activity

Net Exports and International Finance

Inflation and Unemployment

A Brief History of Macroeconomic Thought and Policy

Economic Development

Socialist Economies in Transition

Filters

Exam 18: Inequality, Poverty, and Discrimination

A factor that has been associated with the increase in income inequality in the United States is the:

-(Exhibit: Discrimination Model) If there is no discrimination in the market and blacks have the same demand and supply curves as whites, then the wage will be _______ and the quantity of labor hired will be _______ .

Economics: the Study of Choice

Demand and Supply

Applications of Demand and Supply

Macroeconomics: the Big Picture

Measuring Total Output and Income

Aggregate Demand and Aggregate Supply

Economic Growth

The Nature and Creation of Money

Financial Markets and the Economy

Monetary Policy and the Fed

Government and Fiscal Policy

Consumption and the Aggregate Expenditures Model

Investment and Economic Activity

Net Exports and International Finance

Inflation and Unemployment

A Brief History of Macroeconomic Thought and Policy

Economic Development

Socialist Economies in Transition

Filters

-(Exhibit: Discrimination Model) If there is no discrimination in the market and blacks have the same demand and supply curves as whites, then the wage will be _ and the quantity of labor hired will be _ .